Babylon, NY’s Unique Home-Energy Finance Plan Spreads Out Costs
Municipalities are launching programs to helping residents make energy efficiency affordable

Aug. 19, 2009
Town employees have fanned out across this Long Island suburb this summer, armed with free water bottles and beer cozies and a simple pitch: going green can save green, especially with low-interest financing from the town.

Empowered by recent changes to local, state and federal laws, municipal governments from Long Island to the Bay Area are launching programs to help residents purchase efficient furnaces, weatherize their homes and put solar panels on their roofs. Homeowners often balk at the upfront costs of such improvements because the energy savings typically takes years to pay off.

You can learn more about Babylon’s programs at www.ligreenhomes.com and www.thebabylonproject.org.

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Source: The Wall Street Journal

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